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A secretive hedge fund that has become the biggest owner of New York City taxi medallion loans is showing signs that it may come to the table for an emergency deal to save the city’s cash-strapped cabbies, city officials say. Marblegate Asset Management — a Greenwich, Conn.-based fund that owns roughly 4,300 taxi medallions and …
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A new plan to solve New York City’s taxi crisis is brewing — and it’s coming from a pair of local tech entrepreneurs. A pair of former Wall Street traders who have created a ride-hailing app for yellow cabs are teaming up with a city councilman with an idea to not only slash the debts …
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Dear John: As you know, driving for a living has always been tough. But now, it’s tougher than ever. I had a small service, but as Uber came in, I started driving more and more for it until I was doing it full time. I’ve driven with Uber for almost seven years — over 13,000 …
A secretive hedge fund that has become the biggest owner of New York City taxi medallion loans is showing signs that it may come to the table for an emergency deal to save the city’s cash-strapped cabbies, city officials say. Marblegate Asset Management — a Greenwich, Conn.-based fund that owns roughly 4,300 taxi medallions and …
